The 'We're saving for a deposit' thread

Lizling

I can't believe how much some of you have saved! Amazing!

To add my little bit, OH and I have set a target of saving another 7k each this year, so when our tenancy agreement on our flat ends in December, we're all ready to buy. We want a 10% deposit on a flat in south London, with a budget of up to about £250,000, plus we'll need a bit more for stamp duty (assuming the FTB holiday ends soon, as planned) and all the other fees. It's actually really hard to know what our budget is at this stage though - the online calculators give answers that vary by £100,000!

We're in our early 30s, but had a few setbacks along the way thanks to 3 redundancies between us over the last 3 years and a lot of moves between rented properties to pay for. I've always been a saver, but OH only just opened his first savings account and a FD regular savings account last week. He's learning!

[Deleted User]

samtoby wrote: »

I nearly bought some Irregular Choice shoes.....they were smiling at me.

Nope.

I wantd a 10k savings balance more. x

I love irregular choice - and there's a gorgeous pair and they are on sale at the moment, but so far I am resisting temptation!

[Deleted User]

Hi everyone
Payday has been and gone and I have added another £500 to my Deposit savings nearly there and hoping to buy in the summer
P
X

samtoby

Domino9 wrote: »

I love irregular choice - and there's a gorgeous pair and they are on sale at the moment, but so far I am resisting temptation!

I bought some sunglasses today instead of the shoes. I am allowing myself one item a month that is non essential.

:eek: Never thought £13 would hurt!:eek:

[Deleted User]

samtoby wrote: »

I bought some sunglasses today instead of the shoes. I am allowing myself one item a month that is non essential.

:eek: Never thought £13 would hurt!:eek:

If only the shoes I want were £13!...good for you, you've got to treat yourself.

quintwins

wow my savings have taken a huge hammering, i just had to transfer money out to cover my rent and creditcard bill, i transfered some out suring the week as we found a great deal on ipads that, we should get that back tho as we plan to sell one on, and sell my laptop so acually we should be quids in. other than that all i can think of it the new microwave, toaster and kettle but even still we've spent about £1k

BurnsieUK

Can I play?

Also saving for my first house, but as I'm currently single it will be harder.

So, I like to keep £2k in my current account (i know, i know) just in case.

-ISA have approx £1500 with £50pw going in.
-Earn £25k per year and have a PT job earing another £2k per year
- Have CC debt (interest free of course) of around £1200 due to car insurance renewal today.
-Each payday if i have over £2k in my account i put half of the excess into my ISA and the other half to the CC (which get £100 per month anyway).

-Looking to save £15k, so 10% there.

and im off

purplevamp

:j Very pleased as my ISA interest has been added, I got over £460 :j. That's helped alot. Still a long way to go though!!

J_i_m

Going through a rough patch.... Having to spend money on physio therapy because I'm in constant physical discomfort.... Just renewed my road tax and saving in general isn't going as smoothly as it might.

I've just rounded my fund down to £4000 because my current account was overdrawn already.

The good news is that the final payment on my car fiance is this month and I might settle my other debt as well as to save a couple of years interest on it. That would eat into my fund heavily but at least I'd be out of debt completely! And able to save a couple more hundred £ a month.

Abatement

another good month on the savings front. £163k and climbing.